Vacancy title:
Chief Financial Officer
Jobs at:
Lori SystemsDeadline of this Job:
30 January 2020
Summary
Date Posted: Thursday, January 16, 2020 , Base Salary: Not Disclosed
JOB DETAILS:
Lori Systems is a fast growing, technology venture based in Nairobi, Kenya led by Harvard & MIT graduates and backed by local & international investors and advisors. Leveraging 3 years of research at Harvard and in-house developed technology, Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa – from the ground up. The relative cost of moving goods in the region is one of the highest in the world - leading to up to 75% of a product’s cost going to logistics (compared to 6% in the US). Lori enables the logistics space to operate at an order of magnitude more efficiently than it does today. Higher efficiency through Lori has been demonstrated to drive costs down which is expected to create new jobs & stimulate overall economic development in a tangible way. We are seeking a talented Chief Financial Officer to be a key member of Lori’s executive team and play a critical role in the overall management of the company. As CFO, you’ll be committed not just to financial success, but to mission fulfillment. The successful CFO will deliver a finance organization that gets the numbers right and be a partner in shaping & executing the company’s strategy. As CFO, you’ll have primary responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting and finance, with a focus on charting our financial course for the next 5 yrs and beyond. .
Responsibilities
• Develop financial and tax strategies
• Manage capital raises and budgeting processes
• Optimize transaction processing systems and record keeping
• Define new products and markets to deliver the greatest promise for revenue and margin growth
• Organize and structure financing of key investments and initiatives to generate competitive advantage
• Analyze structures (e.g. business models; legal and tax entities; onshore, offshore) and processes (automation, build vs. buy, etc.) that enable competitive advantage and deliver superior market valuation + returns
• Build and manage accounting, investor relations, legal, and tax teams
• Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
Job Skills: Not Specified
Requirements
• 10+ yrs experience in a senior financial managerial position
• Strong and up to date knowledge of current financial & accounting systems
• Excellent verbal, written & presentation skills
• Excellent analytical, quantitative & organizational skills
• Demonstrated ability to manage senior leadership teams, deliver on various projects, perform well under pressure, and excel in providing reliable and clear communication
• Degree in finance, economics, accounting or related field
• CPA designation preferred
• Fintech and/or banking experience preferred
Job Education Requirements: Not Specified
Job Experience Requirements: Not Specified
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